Pandora talks February 2013 audience metrics and fiscal 2013 financials

Mar 8, 2013
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Pandora announced this week new details on its audience metrics for February of 2013 and the results of its fiscal 2013 earnings. The company reported revenue for fiscal 2013 of $427.1 million. That number represents a 56% year-over-year growth.

During Q4 fiscal 2013, Pandora earned $125.1 million in total revenue. The earnings were better than Wall Street expected and sent shares in the company up significantly in trading. Pandora reports that fiscal 2013 total mobile revenue was $255.9 million and grew 105% compared to the previous year.

Despite the numbers sounding good, Pandora did report a Q4 fiscal 2013 GAAP basic and diluted net loss per share of $0.09. On the listener metrics front for February 2013, Pandora reported 1.38 billion listener hours. That is an increase of 42% compared to February of 2012.

Pandora has 8.48% of the total US radio listening audience, an increase from 5.74% in February 2012. The Internet radio service racked up 67.7 million active listeners as of the end of February 2013, up 37% from 49 million the previous year.

[via Pandora]


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